2-bed · 1,994 sqftShoreline - Basri, Palm Jumeirah · 8th floor · completed 2007

806, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 6.05M30 August 2024
Current rentAED 155K /yr15 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Shoreline - Basri

What is 806 worth today?

Last sold for AED 6,050,000 in 2024

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30 Aug 2024SoldReady
AED 6,050,000AED 3,034 per sqft
2 Oct 2023SoldReady
AED 5,372,913AED 2,694 per sqft
15 Aug 2020RentedRenewal
AED 155,000/yr12 months · AED 78 per sqft
15 Aug 2019RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
15 Aug 2018RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
15 Aug 2017RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
6 Aug 2016RentedRenewal
AED 215,000/yr12 months · AED 108 per sqft
6 Aug 2015RentedNew contract
AED 215,000/yr12 months · AED 108 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 August 2024.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
8th of 11
Parking
1B1-24
Developer
Nakheel
Completed
2007
Service charge
AED 28,400 /yr
Last sold
AED 6.05M · August 2024

About 806, Shoreline - Basri

806 is a two-bedroom apartment of 1,994 sqft on the 8th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 30 August 2024 for AED 6,050,000, or AED 3,034 per sqft, 13% above the AED 2,694 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 August 2020, is AED 155,000 a year: a gross yield of 2.6% on the 2024 price, before the service charge of about AED 28,400 a year.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical two-bed in Shoreline - Basri
2.5M5M2009201420192024Typical sale price by year: 2009 AED 1,050,000; 2010 AED 1,375,000; 2011 AED 2,750,000; 2012 AED 1,700,000; 2013 AED 3,550,000; 2014 AED 1,900,000; 2015 AED 2,790,000; 2016 AED 2,900,000; 2018 AED 2,400,000; 2020 AED 1,612,500; 2022 AED 2,250,000; 2023 AED 3,975,000; 2024 AED 4,500,000Sold, October 2023: AED 5,372,913 (AED 2,694 per sqft)Sold, August 2024: AED 6,050,000 (AED 3,034 per sqft)

806 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 806, each contractTypical two-bed in Shoreline - Basri
150K200K2011201520192023Typical rent by year: 2011 AED 140,000; 2012 AED 170,000; 2013 AED 165,000; 2014 AED 175,000; 2015 AED 180,000; 2016 AED 180,000; 2017 AED 175,000; 2018 AED 145,000; 2019 AED 137,500; 2020 AED 130,000; 2021 AED 125,000; 2022 AED 145,409; 2023 AED 167,096; 2024 AED 200,000; 2025 AED 178,700New contract, July 2013: AED 195,000 a yearNew contract, August 2014: AED 215,000 a yearNew contract, August 2015: AED 215,000 a yearRenewal, August 2016: AED 215,000 a yearNew contract, August 2017: AED 200,000 a yearRenewal, August 2018: AED 200,000 a yearRenewal, August 2019: AED 200,000 a yearRenewal, August 2020: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shoreline - Basri, and where 806 sits

All 63 2-beds →

806 last sold in August 2024 at AED 3,034 per sqft, 13% above what two-beds in Shoreline - Basri were fetching at the time (AED 2,694). 806's AED 155,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Jul 20256,300,000
23 Apr 20256,900,000
12 Nov 20245,800,000
22 Oct 20244,500,000
0 2-bed sales in the last 12 months

Shoreline - Basri

Building

130 apartments, 1-bed to 4-bed over 11 floors in Palm Jumeirah, completed in 2007 by Nakheel. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 185K /yr
Typical yield
Shoreline - Basri, Palm Jumeirah: prices, sales and rents →

Other units on the 8th floor

All 130 units in Shoreline - Basri
Value
8012-bedAED 825K · Apr 2009
8023-bedAED 1.18M · Apr 2009
8033-bedAED 2.95M · Nov 2021
8041-bedAED 2M · Feb 2019
8052-bedAED 1.43M · Jul 2020
8072-bedAED 3M · Nov 2009
8082-bedAED 895K · Apr 2009
1–7 of 11

806, Shoreline - Basri in numbers

  • Sold 3 times: first on 15 November 2011 for AED 575,000, last on 30 August 2024 for AED 6,050,000 (AED 3,034 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 195,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 price is 2.6%, before a service charge of about AED 28,400 a year (AED 14.26 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 30 August 2024.

Questions about 806, Shoreline - Basri

What did unit 806 last sell for?

AED 6,050,000 on 30 August 2024: AED 3,034 per sqft for 1,994 sqft. The unit has 3 registered sales; the first was AED 575,000 in November 2011.

What is the rent for unit 806?

AED 155,000 a year on the contract renewed on 15 August 2020. The previous contract, from August 2019, was AED 200,000; the unit has been rented since July 2013.

How big is unit 806?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2007.

What is unit 806 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 806, Shoreline - Basri

Starts from the last sale price (AED 6.05M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,050,000
Deposit, UAE resident (20%)
AED 1,210,000
Deposit, non-resident (40%)
AED 2,420,000
Monthly over 25 years at 3.7%
AED 24,752

Plus AED 259,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →